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To: Boplicity who wrote (5869)10/9/2000 9:17:22 PM
From: DOUG H  Respond to of 13572
 
<<It’s hard to get too excited these days about a Nasdaq reversal, regardless of the trading volume. Since Sept. 1, the index has opened sharply lower four times before dramatic rallies came to its rescue. None of these turnarounds delivered more than a two-day respite from the selling.

I call it, recruiting "bag holders".

They do offer compelling evidence of why you should let a market prove itself. No major advance begins without a strong, confirming session a week or so into the new rally.

Not till the Fed mets in Nov. After the election.



To: Boplicity who wrote (5869)10/10/2000 9:40:42 AM
From: Sig  Read Replies (1) | Respond to of 13572
 
<<<The below sums up how I view the current situation. I >>>
My view of the current situation is that the entire market has gone bonkers-ape $$$t.
Today billions in market cap depend on whether a bunch of Yahoos can earn 2 cents more or less than an artificial estimated goal set months ago by analysts
Sig